SCMDOJO

OCTOBER 30, 2024

As businesses strive to enhance efficiency, resilience, and sustainability, the demand for skilled supply chain professionals has never been higher. For instance, a student struggling with inventory management concepts can receive supplementary materials, interactive simulations, and one-on-one tutoring sessions tailored to their needs.

Supply Chain Planning Software 97

Supply Chain Planning Software Analytics Software Forecasting Software Predictive Analytics Software 97

Procurement Academy

APRIL 24, 2025

When you look behind the scenes of a global business operation, procurement strategy and supply chain management are usually top priorities, though theyre not always working in sync. This blog explores procurement vs supply chain strategy and looks at how aligning the two leads to operational excellence. It doesnt have to be that way.

Optimal Sourcing 52

Optimal Sourcing Negotiating Skills Supply Chain Planning Software Supply Chain Design Software 52

Procurement Academy

FEBRUARY 25, 2025

Proper execution of cross-functional training can turn siloed departments into unified and efficient teams; equipping employees with the right skills to collaborate seamlessly across organizations. Of course, the right training is key to the success of such initiatives, and can have a measurable impact on supply chain performance.

Buyer Training 52

Buyer Training Supply Chain Performance Price Mitigation Strategies Optimal Sourcing 52

Silvon Software

APRIL 19, 2022

Procurement is one core process area being focused to better manage today’s fluctuating change, with key performance metrics leading the way to assessing and managing procurement performance. The Basics of Procurement KPIs. A decrease in the compliance rate results in an increase in indirect procurement or maverick spending.

Optimal Sourcing 124

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 124

Supply Chain Opz

JUNE 23, 2014

Inventory management is one of the most important tasks for supply chain management professionals. However, most inventory control theories are too complicated or too difficult to apply to real world situations. The reason is that most people now realize the value of planning practice like Sales and Operations Planning (S&OP).

Inventory Management Software 220

Inventory Management Software Inventory Management Inventory Reduction Inventory 220

Precoro

AUGUST 14, 2023

More and more companies are acknowledging the importance of centralizing and optimizing their procurement operations. One of the ways to accomplish this is to establish a procurement team to streamline ordering by centralizing purchases and improving supplier relations. What are the duties of a procurement manager?

Negotiating Skills 98

Negotiating Skills Purchasing Skills Buyer Training Procurement Solutions 98

SCMDOJO

DECEMBER 29, 2024

SCMDOJO Academy elevates your procurement and supply chain skills through its extensive course library. Continuous learning is crucial for professionals to stay ahead of the curve and enhance their skill sets. However, this procurement course aims to introduce you to the procurement management and administration process.

Optimal Sourcing 98

Optimal Sourcing Course Negotiating Skills Purchasing Skills 98

Procurement Academy

JANUARY 7, 2025

This article will explore key strategies for building supply chain resilience, and how Skill Dynamics can help support your business throughout this transformation. Its extremely difficult to build a resilient supply chain without a skilled and agile team. Take a look at our course catalog and see what would suit your business best.

Supply Chain Planning Software 90

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Optimal Sourcing 90

Procurement Academy

FEBRUARY 17, 2025

Supply chain management certification gives the reassurance of expertise and proficiency in all aspects of supply chain operations, from logistics right through to procurement. Heres why it matters: Relevance through role-based training: Certification enables your team members to gain skills directly applicable to their responsibilities.

Supply Chain Design Software 92

Supply Chain Design Software Supply Chain Software Buyer Training Optimal Sourcing 92

Jaggaer

FEBRUARY 5, 2025

This allows the procurement team to quickly identify the lowest or most favorable bid based on cost factors. Historical data and AI-driven insights help optimize decision-making, allowing procurement teams to focus their expertise on more nuanced evaluations like supplier alignment with business strategy and customer service approach.

Sourcing Strategies 52

Sourcing Strategies Negotiating Skills Optimal Sourcing Price Reduction 52

Supply Chain Matters

OCTOBER 10, 2024

It has been 27 days since workers represented by the IAM labor union rejected a prior tentative contract offer that had been negotiated. John Holden, the lead negotiator representing IAM in these contract talks, indicated to Reuters that striking workers were prepared to wait out the plane maker.

Negotiating Skills 52

Negotiating Skills Buyer Training Manufacturing Procurement Expense Reduction 52

Supply Chain Shaman

MARCH 21, 2024

Training ensued, and the expectation of changing work was shared. We explore the concept of holistic inventory strategies focused on the form and function of inventory. The class discovers the current blackholes of the supply chain (direct procurement and contract manufacturing. Only 15% of inventories are safety stock.

Inventory Reduction 434

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 434

Logistics Viewpoints

MARCH 21, 2021

It is not just about training people in their current role, but it’s also about developing people to the maximum of their potential. A skills assessment survey was done to measure potential gaps against a pre-determined skills matrix. Based on the findings, a skills enhancement program was created.

Supply Chain Design Software 317

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Modeling 317

Supply Chain Shaman

SEPTEMBER 13, 2023

I know that your primary focus is procurement. If S&OP efforts were that effective, don’t you think that we would have made more progress against inventory levels, margin, and growth? In part, this results in increasing swings in inventory in response to shifts in consumer demand as one moves further up the supply chain.

Supply and Demand 431

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 431

SCMDOJO

MAY 30, 2025

Procurement staff must send alternate sourcing orders. It helps professionals enhance clarity, build rapport across cultures, and reduce errors caused by miscommunicationkey skills when operating in high-pressure, multilingual environments. In regular times, coordinating these operations is already a difficult undertaking.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Negotiating Skills Modeling Software 59

Procurement Academy

JULY 19, 2024

Procurement transformation, although innovative and beneficial, often arises alongside a resistance to change, lack of skills and data issues within teams. As modern supply chains become larger and more intricate, strong procurement strategies are needed to minimize any risk and maximize growth and efficiency.

Cost Reduction Strategies 90

Cost Reduction Strategies Price Reduction Inventory Reduction Sourcing Strategies 90

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Essential Skills for Supply Chain Leaders in Asia during Pandemic The Asian Institute of Management conducted a study across orgainsations in Asia to identify crucial skills and competencies required by supply chain managers and leaders in Asia. Supply Chain Competency: Focuses on core competencies to optimize operations.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

RFgen

DECEMBER 19, 2024

Training Requirements: Introducing new equipment and processes necessitates workforce training to ensure smooth transitions and maintain productivity. Material Flow: Optimize material flow patterns to accommodate increased volume without creating bottlenecks or excessive inventory.

Material Savings 92

Material Savings Sourcing Strategies Resource Reduction Inventory Reduction 92

Supply Chain Shaman

JUNE 6, 2013

This does not come easily, and requires training. More advanced supply chain leaders model the role of complexity (product and customer), the impact of risk, and opportunity of innovation as well as product shipping and manufacturing locations, and inventory policies. It must be managed as a system. Understanding Planning.

Supply Chain Planning Software 330

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 330

QAD

APRIL 7, 2022

Procurement, also sometimes known as purchasing, is the group responsible for acquiring components, services, and other materials to manufacture a company’s products and to keep the operation running. But corporate procurement isn’t quite as simple as placing an order on Amazon or another web marketplace. Basic Responsibilities.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Negotiate Pricing Purchasing Skills 98

GlobalTranz

AUGUST 25, 2017

They go over plans and analyze how they will affect inventories and distribution systems. They are in charge of making sure that any inventory shipping in and out of the department is handled with care and delivered in a timely fashion without unforeseen budgetary expenditures. Inventory Managers. Transportation Manager.

Material Savings 102

Material Savings Transportation Inventory Reduction Optimal Sourcing 102

Precoro

FEBRUARY 26, 2025

Within this setup, an ERP procurement module helps companies make purchases and manage suppliers. Numbers speak louder: According to Procurement Tactics’ top procurement trends in 2025 , 83% of CPOs prioritize digitization.   Keep reading to learn: What Is ERP in Procurement?

Procurement Solutions 45

Procurement Solutions Optimal Sourcing Procurement Analytics Manufacturing Procurement 45

Precoro

JUNE 3, 2025

Category management isn’t just another procurement trend. What procurement teams need is a clear view of their spend, tighter control, and a strategy that delivers lasting value—exactly what category management provides. The goal is to get the best results from every category. It’s tactical and short-term.

Manufacturing Procurement 45

Manufacturing Procurement Procurement Analytics Procurement Solutions Material Savings 45

SCMDOJO

JUNE 14, 2024

But with ever-increasing complexity, skilled professionals are more in demand than ever. The SCMDOJO Supply Chain Track offers a comprehensive supply chain training program to equip you with the knowledge and skills to excel in this dynamic field. The global economy runs on efficient supply chains. No problem!

Buyer Training 105

Buyer Training Supply Chain Design Software Price Mitigation Strategies Supply Chain Planning Software 105

GlobalTranz

APRIL 7, 2017

For example, if a vendor has negotiated a lower rate with company A, they may not disclose the lower rate and bill you for the carrier’s current marketed rate. Better Visibility Leads to Effective, More Accurate Inventory Management. Better visibility through an inbound logistics management program promotes better inventory management.

Vendor Strategies 218

Vendor Strategies Cost Reduction Strategies Inventory Reduction Resource Reduction 218

GlobalTranz

NOVEMBER 28, 2016

Editor's Note: Today's blog is by our great friend, Chuck Intrieri where he gives us a fantastic example of how Procurement and Suppliers can enhance Supplier Relations by navigating the "Battle of the Forms.". The question becomes, is there a contract at all, and if so, whose terms govern – the Buyers or the Suppliers?

Negotiate Pricing 120

Negotiate Pricing Manufacturing Procurement Optimal Sourcing Purchasing Skills 120

SCMDOJO

JUNE 7, 2023

As a result, the industry is growing, changing, and becoming more demanding, increasing the importance of language skills more than ever. Let’s learn how language is an important skill in supply chain and operations management. Let’s learn how language is an important skill in supply chain and operations management. 3.

Negotiating Skills 107

Negotiating Skills Buyer Training Negotiate Pricing Supply Chain Design Software 107

Logistics Viewpoints

DECEMBER 12, 2022

In September of 2020, the company hired Jeff Baker to be their Vice President of Procurement and Integrated Supply Chain. Mr. Baker spent over 34 years leading procurement teams at The Dow Chemical Company. Typically, supply chain planning drives significant reductions in inventory. The fast-growing company generated over $5.5

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 261

Logistics Viewpoints

FEBRUARY 3, 2023

It remains the largest corporate buyer of renewable energy, with a plan of powering its operations with 100 percent renewable energy by 2025 – a full five years ahead of its original target. Moller – Maersk is turning to flying drones to manage inventory counts in its warehouse network, the Danish firm said.

Logistics Network Optimization Software 268

Logistics Network Optimization Software Negotiating Skills Purchasing Skills Supply Chain Planning Software 268

SCMDOJO

SEPTEMBER 18, 2023

Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. So, get ready to elevate your communication skills and gain a deeper understanding of the procurement domain.

Negotiating Skills 105

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 105

SCMDOJO

OCTOBER 3, 2024

Due to the quick movement and fast reaction of global logistics, the new generation entering the supply chain industry must learn and master some vital technical and soft skills. Students must have some essential skills for supply chain management. Negotiation goes hand in hand with communication skills.

Negotiating Skills 98

Negotiating Skills Buyer Training Supply Chain Planning Software Supply Chain Software 98

Procurement Academy

OCTOBER 19, 2023

A generic approach to training is not the solution to the increasing range of challenges facing procurement teams. This means that skills enhancement across wider roles is required for procurement professionals, with a focus on role-specific learning.

Buyer Training 52

Buyer Training Purchasing Training Negotiating Skills Optimal Sourcing 52

The Logistics & Supply Chain Management Society

JULY 21, 2020

She will also illustrate the necessity for change management and redefining the roles and the skills of supply chain talents as a key driver for success. As an offspring of globalisation, supply chains are focused on optimisation – cost reduction, just-in-time deliveries and tight inventory-to-sales ratios.

Supply Chain Planning Software 233

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Agile and Lean Supply Chain 233

Jaggaer

MAY 8, 2025

I am a big believer in procurement getting involved as early as possible in new product development based on all the market knowledge available. The worst-case scenario is product engineering developing a new product, selecting a supplier and then telling procurement to get on with negotiation.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 52

Procurement Academy

JANUARY 21, 2025

It sets out the skills and capabilities required for each role within your supply chain function and gives clear paths for development for all of your staff. It typically covers key supply chain areas including procurement , logistics, demand forecasting , and much more.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Modeling Supply Chain Optimization 52

Logistics Bureau

OCTOBER 11, 2024

Procurement has never played such an important role in the increasingly globalised economy. Has procurement fundamentally changed itself in the past 10 years? Strategic Procurement can mean totally different things in different industries and sectors. The time when Procurement was almost a synonym to Purchasing has long gone.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 98

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. It can then generate new content using prompts that resemble the original training data.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244